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Company pair · Fintech
VS

Flutterwave vs Papaya Global: Valuation, Funding, Trajectory

Fintech Both private US-headquartered No Canborsa market

This comparison puts Flutterwave next to Papaya Global within fintech on size, funding and trajectory.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
FlutterwavePRIVATE · US
VS
Last valuation$3.2B$3.7B
Basis Post-money Post-money
As ofJun 2026Sep 2021
Founded20162016
Employees≈350≈700
On CanborsaNo marketNo market
At a glance
$3.2B
FlutterwavePost-money, Series E · Jun 2026
$3.7B
Papaya GlobalPost-money, Series D · Sep 2021
1.16×
GapBoth post-money, 57 months apart
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

Flutterwave vs Papaya Global — side by side

Field
FlutterwavePRIVATE · FOUNDED 2016
Papaya GlobalPRIVATE · FOUNDED 2016
VS
Last valuation
$3.2B Post-money
$3.7B Post-money
Valuation date
16 Jun 2026
1 Sep 2021
Valuation basis
Post-money
Post-money
Latest round
Series E
Series D
Round lead
Ripple
Insight Partners, Tiger Global Management
Named investors
Y-Combinator Visa Ventures Mastercard Avenir Growth Capital
Insight Partners Bessemer Venture Partners Scale Venture Partners Workday Ventures
Founded
2016
2016
Employees (est.)
≈350
≈700
Sector & HQ
Fintech · 🇺🇸 US
Fintech SAAS (global payroll and workforce payments) · 🇺🇸 US
Status & market
Private — no Canborsa market
Private — no Canborsa market
Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $3.2B for Flutterwave (post-money, Jun 2026) and $3.7B for Papaya Global (post-money, Sep 2021).

Flutterwave
$3.2BPost-money · Jun 2026
$3.7BPost-money · Sep 2021
FLUTTERWAVE · $3.2B · JUN 2026PAPAYA GLOBAL · $3.7B · SEP 2021
Flutterwave vs Papaya Global · what each company discloses

What each company discloses, and what it leaves out

FlutterwavePRIVATEFintech · US · 2016
+Last disclosed mark $3.2B — post-money, Jun 2026.
+Founded 2016 .
+≈350 employees.
+
Papaya GlobalPRIVATEFintech · US · 2016
+Last disclosed mark $3.7B — post-money, Sep 2021.
+Founded 2016 .
+≈700 employees.
+Latest round: Series D, $250M raised, led by Insight Partners.
Verdict

Verdict

The $3.2B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
The size of that round is undisclosed.
A dated print: it moves only when a newer round is announced.
The $3.7B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$250M, led by Insight Partners in Sep 2021.
A dated print: it moves only when a newer round is announced.

Both marks are post-money, so 1.16× compares like with like. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

What industries are Flutterwave and Papaya Global in?›

Flutterwave operates in Fintech, and Papaya Global operates in Fintech SaaS (global payroll and workforce payments).

What is Flutterwave's valuation versus Papaya Global's?›

Flutterwave is valued at $3.2B, and Papaya Global at $3.7B.

Where are Flutterwave and Papaya Global headquartered?›

Flutterwave is based in San Francisco, California, and Papaya Global is based in New York.

Are Flutterwave and Papaya Global publicly traded?›

Flutterwave's status is private; Papaya Global's status is private.

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